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Correct me if I'm wrong, but this reads like debt with favorable credit terms? And you need to have already raised a round... "Through Dell Financial Services,
by rexreed 14y ago
Correct me if I'm wrong, but this reads like debt with favorable credit terms? And you need to have already raised a round...
"Through Dell Financial Services, qualified angel and venture-backed companies can access up to 10 percent of their funded amount, or up to $150,000, with accelerated, limited credit terms. For those in needs of higher credit, additional financing is available on a fast track basis with a few extra steps." [1]
"Through Dell Financial Services, eligible startups who have already been backed by angel investors or venture capitalists can get up to 10% of their funded amount, or up to $150,000, with accelerated, limited credit terms. Startups also get a dedicated Dell sales team, as well as ProSupport Services for any Dell business products they use." [2]
[1] http://content.dell.com/us/en/corp/d/secure/2012-06-07-dell-innovation-startup-financing http://content.dell.com/us/en/corp/d/secure/2012-06-07-dell-...
[2] http://smallbiztrends.com/2012/06/dell-innovators-credit-fund-startups.html http://smallbiztrends.com/2012/06/dell-innovators-credit-fun...